問題詳情

In Japan in 1998 and 1999, prices were falling at 2 percent per year while the short-term interest rate was 0.1 percent per year.

【題組】In Japan in 1998 and 1999, prices were falling at 2 percent per year while the short-term interest rate was 0.1 percent per year.
a.What was the real interest rate?

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